Listing Provided Courtesy Of:
Rebecca Racine with KW Vermont.
Address
123 King Street Burlington, VT
Price
$ 1,200,000
Property Attributes
  • MLS#4848618
  • TypeMulti-Family
  • CountyCHITTENDEN
  • CityBurlington
  • AreaChittenden
  • Zip05401
  • StyleVictorian
  • Year Built1885
  • Taxes7105
  • Price$ 1,200,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3639
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
Rebecca Racine with KW Vermont.
Data Source:
New England Real Estate Network
Property Description

Extremely rare opportunity in Burlington's most updated part of town. While fully functional, the building needs updating and some renovation to realize its full potential of being a higher end rental. This 2 unit, 5 bedroom investment property is just one block from the newly redone City Hall park and right next door to several brand new upscale apartment buildings. Within a 5 minute walk you have access to the boutiques, coffee shops and restaurants on the Church Street Marketplace, you will feel the breeze of Lake Champlain's waterfront park, enjoy the family friendly activities at the Leahy Echo Center and the Flynn Theater. You will have 2 rental units or have a fantastic owner occupied building with enough rent form the second unit to cover much of the monthly expense or rent to a business in this commercially zoned district. Systems are updated including complete re-wiring of the entire electrical system, 2 hot water heaters, heating system running off of Burlington Natural Gas lines, windows and plumbing. You will enjoy the character of, "The Little House" nestled in the heart of the city.

Price History
2/26/2021 Listed $1,200,000

General Features

Area Description Business District, Commercial Zoning, In Town, Near Shopping, Near Public Transportatn, Near Hospital
Construction Wood Frame
Construction Status Existing
Cooling None
Electric 200 Amp
Flood Zone No
Flooring Carpet, Laminate, Vinyl, Wood
Garage No
Heating Hot Water
Listing Area VT-Chittenden
Parking None, On Street, Paid
Price Per Sq Ft 442.15
Road Frontage Yes
Roof Slate
Sewer Public
Status Active
Stories 3
Style Victorian
Tax Year 2020
Total Heat Units 1
Total Rooms Above Ground 5
Type Multi-Family
Utilities Cable - Available, Fiber Optic Internt Avail, Gas - Underground, High Speed Intrnt -Avail, Internet - Cable, Internet - Fiber Optic, T1 Available, Telephone Available, Phone
Water Public
Water Heater Electric, Owned
Year Built 1885
Zoning residential, commercial

Interior Features

Basement Yes
Basement Access Type Interior
Basement Description Bulkhead, Concrete Floor, Dirt Floor, Unfinished
Heating Fuel Gas - Natural
Sqft-apx Fin Above Grade 2714
Sqft-apx Total 3639
Sqft-apx Total Finished 2714
Sqft-apx Unfn Below Grade 925
Total 2 Br Units 1
Total 3+ Br Units 1
Total Full Baths 2
Total Number of Units 2
Total Ranges 2
Total Refrigerators 2
Total Water Heaters 2
Unit 1 Apx Sqft 925
Unit 1 Bedrooms 2
Unit 1 Info Appliances Included, CO Detector, Cooktop - Electric, Deck, Microwave, Range - Electric, Refrigerator, Smoke Detector, Storage
Unit 1 Rooms 4
Unit 2 Apx Sqft 1790
Unit 2 Bedrooms 3
Unit 2 Rooms 5

Exterior Features

Unit 1 Baths 1
Unit 2 Baths 1
Driveway None
Exterior Vinyl Siding
Foundation Stone
Lot Description City Lot, Corner, Curbing, Neighbor Business, Sidewalks
Lot Size Area 0.06
Road Frontage Length 42
Roads Paved, Public
Total Gas Meters 1
Unit 1 Style Residential
Unit 2 Style Residential

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 05401

Statistics provided by Inside Real Estate

Price
AVG $890K
$1.2M
Taxes
AVG $11,932
$7,105
Visits
AVG 89
50
Year Built
AVG 1904
1885
Walkscore
AVG 79
96
Data Provided by Walkscore ® not using MLS data

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